logging in or signing up Project Management Using Critical Path Method jazzpresentation Download Post to : URL : Related Presentations : Let's Connect Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 6555 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: August 20, 2010 This Presentation is Public Favorites: 2 Presentation Description You would have come across at home or in your work environment many situations to manage a simple to very complex projects. Each projects many many constraints like * Funds * Time * People * Infrastructure * Skills * Stakeholders In this Presentation you will see how to Effectively Manage a Project with an example using the Critical Path method. Comments Posting comment... By: sunilkbansal (30 month(s) ago) I like the presentation.... pls authorize me to download it... Saving..... Post Reply Close Saving..... Edit Comment Close By: jayDE (30 month(s) ago) good presentation. how can I download the presentation Saving..... Post Reply Close Saving..... Edit Comment Close By: boylyn_esguerra (34 month(s) ago) Very nice. Can you send me copy of the ppt material as well as other ppt presentations such as intro to project management, project management, proj schedule management, A/E Proj Management Optimization P-1. My email address: email@example.com. Thank you very much. more power. Saving..... Post Reply Close Saving..... Edit Comment Close By: jazzpresentation (37 month(s) ago) You can download this presentation from http://jazzpresentation.com/project-management-tools-part-1-.. Saving..... Post Reply Close Saving..... Edit Comment Close By: ThomasJones (38 month(s) ago) Crital path is THE LONGEST time, not the shortest time, to complete the project. Saving..... Post Reply Close By: jazzpresentation (37 month(s) ago) Thomas, That has been clearly stated in slide 17. Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Presentation On Critical Path Analysis : Presentation On Critical Path Analysis Project Management Series – 1 Powered by: Jazz Presentation Slide 2: Constraints/ Challenges in a Project Project Planning Tools Critical Path Analysis Project Evaluation and Review Technique (PERT) Tools Required For Monitoring a Project 9 Step Case Study On Managing a Project AGENDA Powered by: Jazz Presentation Constraints/Challenges in a Project : Constraints/Challenges in a Project stakeholders Funds It is important we communicate all these Challenges to stakeholders at every stage Limited budget Pressure to complete the project with in budget . Infrastructure Time Office Space Machinery Facilities Tools to manage project Limited time Time overrun will increase Cost Over run will delay other related project . People Limited number of people available Skill available is limited Have to retrain and reskill ( additional cost and time) . Powered by: Jazz Presentation Project Planning Tools : Project Planning Tools This is a an excellent technique at initial stage of project to understand challenges and different components in a project. Brainstorming Fishbone Diagrams Critical Path Analysis Gantt Charts Also called as root cause analysis, helps to identify each of the root cause and define an actionable item in a project. Also called Critical path method, helps in tracking a different activities in a large projects This is also an important tool help you to manage time by drawing the plan against a calendar There are many project management tools few critical ones are listed below Powered by: Jazz Presentation Critical Path Analysis : Critical Path Analysis 1 2 3 4 Powered by: Jazz Presentation Project Evaluation and Review Technique (PERT) : Project Evaluation and Review Technique (PERT) Powered by: Jazz Presentation Tools Required For Monitoring a Project : Tools Required For Monitoring a Project A large visible work surface (meeting room, conference table , with large number of task templates Workspace Microsoft Office Oracle Primavera or Oracle Projects. Template from Jazz Presentation Can use simple but very effective tools like Microsoft Excel and Microsoft Power Point to document the task and communicate to all stake holders We can use complex project management tools like Microsoft Project or Oracle Primavera or Oracle Projects. Excellent project management template using Microsoft Excel and Microsoft Power Point which you can download from here. Powered by: Jazz Presentation Case Study : Case Study 9 Step case study on managing a project on how to make a cup of Coffee Powered by: Jazz Presentation 9 Steps to Project Planning : 9 Steps to Project Planning 9: Task tracking sheet 8: Determine & track the critical Path 7: Number each task 6: Repeat Step 4 and step 5 5: Identify next tasks 4: Identify the Sequential and Parallel tasks 3: Identify the task and document 2: Brainstorm 1: Assemble the team Powered by: Jazz Presentation Step 1: Assemble the team : Step 1: Assemble the team Assemble the team of people who or going to be involved and responsible for the delivery of the project. All members of delivery team must have good knowledge and deep understanding of all the subtasks contained in the project. Powered by: Jazz Presentation Step 2: Brainstorm : Step 2: Brainstorm It is important we take Suggestion , ideas, concepts from all the team members. Brain storming is an very effective tool to get new ideas and also integrate the members to one team. Powered by: Jazz Presentation Step 3: Identify the task and document : Step 3: Identify the task and document Task Tracking Template Powered by: Jazz Presentation Step 4,5, 6: Identify Details of all activities : Step 4,5, 6: Identify Details of all activities Question, Discuss brainstorm and Identify Identify all Activities Identify each task/activity in the project Identify duration Identify duration for each activity Relationship of activities Identify the relation ship between activities Identify if the activity can be done in sequential with other activity or can be done in parallel with any other activities Repeat above steps and identify complete details of all activities Complete for all activities Activities are sequential or parallel Powered by: Jazz Presentation Step 7: Number each task : Step 7: Number each task Number each task and draw connecting arrows to show the links between tasks. Finally discuss with different members of the team and agree the realistic time required for completion of each task and record it on a task template. An example of making a cup of Coffee is explained below Powered by: Jazz Presentation Different Definitions of CPA : PowerPoint has new layouts that give you more ways to present your words, images and media. What is Critical Path Analysis Different Definitions of CPA Powered by: Jazz Presentation Step 8: Determine the critical path : Step 8: Determine the critical path Calculated Slack: This requires you to look at each of the tasks in turn and identify the time element shown below. For Consistency use the four box grid to capture the times of each task. ES – The largest EF of any previous connected task., EF – ES plus the time taken to complete that task, LS - LF minus the time taken to complete that task., LF – The smallest LS of any following connected task Critical path is the shortest possible completion time for the project. This can be identified by two methods. Longest cumulative path: Calculate the shortest possible completion time for all of the paths through the project, the path whose best completion time takes the longest time is the critical path. Powered by: Jazz Presentation Step 8(Contd): Critical path for making cup of coffee : Step 8(Contd): Critical path for making cup of coffee When ES=LS and EF=LF that task is on the critical path and need to be highlighted.(in green) In this example 1, 2 and 4 are on the critical path and therefore need to be monitored carefully. Green shows the critical path Powered by: Jazz Presentation Step 9: Task tracking sheet : Step 9: Task tracking sheet Below is the sample of task tracking sheet, which can be used to identify all the details of a task. 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